THOMPSON-MARSH UNIT

Operated by MAGNOLIA OIL & GAS OPERATING LLC (P-5 521544) in the GIDDINGS (AUSTIN CHALK, GAS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 146625District 03Field 347735502 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.5 M
Aug 1993 – Dec 2020
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
329
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 1,061 leases and 1,061 wells, and the rule below applies to all of them.

Discovered
1978-08-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-10-16.

The Commission's schedule remark for this field reads: AMENDED DRILLING PERMITS, NOTICE, OR HEARING.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111994-10-31130922
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition232,442 bbl$4,340,068
GasProduction2,217,835 Mcf$3,151,223
Total$7,491,292

1,530,529 Mcf of this lease's gas, across 41 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.5615, -96.2598. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.56151, -96.25979 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
14,212 ft
1 wells filed one
Completion to plug
27.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 14,212 ft.

Completions filed
Aug 1993
1 of 1 wells
Plug dates filed
Dec 2020
1 of 1 wells

Last completion to plug: a median of 27.3 years across the 1 well that filed both dates, with the middle half between 27.3 years and 27.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-04131748114,212 ftAug 1993Dec 2020Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (329)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

329 months

Dec 20200044.642.68$0
Nov 202091038.772.71$3,528
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200339.982.39$7
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020011214.751.80$202
Mar 20200030.341.86$0
Feb 2020033949.881.98$671
Jan 20200057.252.09$0
Dec 20190659.012.30$14
Nov 20190055.302.75$0
Oct 201902,74653.472.42$6,641
Sep 20190055.052.66$0
Aug 20190453.112.30$9
Jul 20190056.272.46$0
Jun 201901852.782.49$45
May 20190058.482.74$0
Apr 20191624762.632.75$10,275
Mar 2019011956.803.06$364
Feb 201901,79950.852.79$5,023
Jan 20190846.033.23$26
Dec 20180746.594.19$29
Nov 2018188952.934.24$9,989
Oct 201802,84761.443.40$9,674
Sep 201804259.543.11$131
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180160.183.08$3
May 20180465.382.90$12
Apr 20180663.842.90$17
Mar 2018054761.222.79$1,524
Feb 20180561.782.77$14
Jan 201801862.874.01$72
Dec 201709957.272.92$289
Nov 201701,13855.423.12$3,549
Oct 201702249.292.98$66
Sep 201701347.523.09$40
Aug 20171821,85445.373.00$13,828
Jul 201701443.873.09$43
Jun 20170042.493.09$0
May 201704245.373.26$137
Apr 20170347.933.21$10
Mar 2017066446.772.98$1,981
Feb 201701,45750.452.95$4,302
Jan 201707049.413.42$239
Dec 2016083548.763.72$3,109
Nov 2016020842.492.64$550
Oct 2016062746.193.09$1,938
Sep 2016037041.553.10$1,147
Aug 201618983241.442.92$10,265
Jul 2016013741.622.92$401
Jun 2016023845.352.69$639
May 2016038342.521.99$763
Apr 2016024736.561.99$492
Mar 2016033133.011.79$594
Feb 2016025826.472.06$532
Jan 2016027627.352.36$653
Dec 2015034032.362.00$680
Nov 2015037838.792.17$819
Oct 2015038543.552.43$934
Sep 2015037542.992.76$1,034
Aug 2015017940.162.87$514
Jul 2015038848.152.95$1,143
Jun 2015029356.152.88$845
May 2015038155.212.96$1,126
Apr 2015038749.822.71$1,047
Mar 2015034742.892.93$1,018
Feb 2015037644.662.98$1,119
Jan 2015074143.433.10$2,298
Dec 2014078654.693.59$2,823
Nov 2014059770.464.25$2,538
Oct 2014069878.303.90$2,723
Sep 2014075486.164.05$3,050
Aug 201419585889.394.04$20,893
Jul 2014076596.564.18$3,197
Jun 2014064398.164.74$3,046
May 2014058294.734.73$2,751
Apr 2014080295.944.81$3,857
Mar 201419388995.895.06$23,002
Feb 2014080997.406.19$5,009
Jan 2014069590.404.86$3,378
Dec 2013084691.824.35$3,684
Nov 2013085888.853.74$3,207
Oct 2013092197.423.78$3,481
Sep 20130830104.113.72$3,086
Aug 2013192988104.253.52$23,496
Jul 20130963102.523.72$3,580
Jun 201301,02094.403.93$4,012
May 20131951,26294.834.15$23,728
Apr 2013081493.964.28$3,486
Mar 201301,02193.623.91$3,995
Feb 2013061991.233.42$2,117
Jan 201319788391.603.42$21,065
Dec 2012091086.773.42$3,112
Nov 2012095086.953.62$3,444
Oct 2012099289.383.40$3,372
Sep 201201,16694.672.92$3,403
Aug 2012098892.662.91$2,873
Jul 20121931,07085.133.02$19,662
Jun 201201,05179.822.52$2,648
May 201201,07091.612.49$2,663
Apr 201201,009101.652.00$2,015
Mar 20121971,109105.052.22$23,159
Feb 201201,109101.102.57$2,850
Jan 20121961,19398.092.73$22,487
Dec 201101,16996.873.24$3,787
Nov 201101,25595.723.31$4,156
Oct 201101,33884.983.65$4,882
Sep 20111911,26183.623.99$20,998
Aug 201101,20283.404.15$4,987
Jul 201101,28994.144.52$5,823
Jun 20111921,16192.904.64$23,224
May 201161,62298.134.40$7,733
Apr 201101,446105.964.33$6,266
Mar 20111931,38196.364.06$24,201
Feb 201101,13385.644.18$4,736
Jan 20111951,25086.504.59$22,603
Dec 201001,19685.734.35$5,200
Nov 201001,27180.843.80$4,824
Oct 20101951,21778.103.51$19,500
Sep 201001,29472.633.98$5,149
Aug 201001,26173.684.42$5,573
Jul 20101911,35272.554.74$20,261
Jun 201001,04070.364.91$5,107
May 201001,40871.124.24$5,963
Apr 20101941,35381.694.12$21,426
Mar 201001,42778.394.39$6,263
Feb 201001,23673.585.44$6,727
Jan 20101971,10874.365.96$21,257
Dec 200901,39571.445.48$7,650
Nov 200901,38574.593.75$5,196
Oct 20091931,43972.544.11$19,915
Sep 200901,38265.543.06$4,235
Aug 200901,60967.423.22$5,179
Jul 20091921,40761.133.46$16,612
Jun 200902,25066.163.90$8,764
May 200901,39854.743.93$5,488
Apr 20091941,00146.773.59$12,664
Mar 200901,63942.144.06$6,653
Feb 200901,44632.814.63$6,699
Jan 20091811,60435.865.37$15,106
Dec 200801,62237.105.98$9,695
Nov 20081841,56555.496.86$20,947
Oct 200801,54375.246.92$10,681
Sep 200801,371101.767.88$10,799
Aug 200802,484114.228.48$21,072
Jul 20081871,963131.0811.39$46,869
Jun 200801,884131.3313.03$24,553
May 20081772,266123.1711.57$48,028
Apr 200802,094110.3110.45$21,892
Mar 20081822,039101.909.66$38,251
Feb 200801,82192.538.77$15,971
Jan 20081811,97290.388.21$32,540
Dec 200702,36188.337.30$17,240
Nov 20071852,38491.677.29$34,342
Oct 20071802,71782.856.92$33,720
Sep 200702,71675.846.24$16,959
Aug 200701,77769.066.39$11,351
Jul 20071822,49470.906.39$28,835
Jun 20071812,62162.007.55$31,006
May 200702,53758.747.85$19,906
Apr 20071862,48759.617.81$30,499
Mar 200702,64456.927.30$19,306
Feb 20071892,57455.108.22$31,562
Jan 20071803,15550.306.73$30,277
Dec 20061833,19456.656.92$32,464
Nov 200612,85654.207.62$21,810
Oct 20061833,37754.906.01$30,355
Sep 200603,15260.085.04$15,877
Aug 20061784,38768.717.34$44,431
Jul 20061814,13969.376.34$38,809
Jun 20061804,61166.286.38$41,366
May 20061844,40766.016.42$40,461
Apr 200604,02764.397.36$29,641
Mar 20063584,40156.707.08$51,471
Feb 20061853,79457.597.75$40,062
Jan 20063685,45160.598.93$70,993
Dec 200506,61654.9413.42$88,756
Nov 20053685,83854.6910.59$81,941
Oct 20051816,43358.3413.80$99,308
Sep 20053656,43161.4512.08$100,109
Aug 20053587,54661.519.80$95,948
Jul 20053636,76655.697.84$73,286
Jun 200526,06952.337.38$44,900
May 20053664,34145.226.65$45,423
Apr 20053664,68649.207.36$52,498
Mar 20053665,17350.377.15$55,448
Feb 200505,34245.226.31$33,718
Jan 20051872,61443.166.32$24,597
Dec 20041882,56339.866.75$24,797
Nov 20041793,23945.286.33$28,609
Oct 20043654,89249.706.52$50,012
Sep 20042003,70443.245.28$28,220
Aug 20041803,81742.375.55$28,813
Jul 200441,40938.286.08$8,726
Jun 2004186036.106.43$6,715
May 200421,12537.486.49$7,381
Apr 20041931,54234.475.86$15,686
Mar 20041911,82934.365.53$16,677
Feb 20041952,07632.455.51$17,766
Jan 200431,07932.036.30$6,893
Dec 20032022,20130.266.30$19,982
Nov 20031843,50628.804.60$21,410
Oct 200307528.174.76$357
Sep 20031862,73426.314.75$17,878
Aug 20033641,71629.765.13$19,635
Jul 200333,18829.415.17$16,573
Jun 2003094328.565.98$5,642
May 20031962,01126.595.97$17,223
Apr 20035492,89426.675.41$30,291
Mar 200311,79631.146.10$10,980
Feb 20031743,13933.487.93$30,705
Jan 200303,26330.315.58$18,214
Dec 20023994,63226.914.85$33,220
Nov 20021933,95124.664.14$21,105
Oct 2002031026.464.23$1,311
Sep 20025472,77927.443.64$25,112
Aug 200204,50325.963.16$14,248
Jul 200205,52324.583.06$16,910
Jun 2002023023.733.34$768
May 200201,08824.663.58$3,899
Apr 200218192623.653.51$7,533
Mar 20025448,46022.003.10$38,217
Feb 200201,56618.222.38$3,720
Jan 20023654,41917.172.38$16,765
Dec 20013223,16216.932.36$12,928
Nov 200103,40518.072.41$8,191
Oct 20011802,75019.782.53$10,515
Sep 20013564,17624.262.25$18,038
Aug 20011733,97424.873.05$16,436
Jul 20011782,26023.933.20$11,485
Jun 200101,44924.563.82$5,541
May 20011793,36225.524.31$19,049
Apr 20013573,01824.685.34$24,913
Mar 20011812,90624.545.38$20,066
Feb 20011813,00527.755.77$22,353
Jan 20011803,88027.478.40$37,532
Dec 20003602,20226.889.12$29,765
Nov 20001772,73232.215.66$21,159
Oct 20001803,40431.235.15$23,137
Sep 20001724,31431.875.19$27,856
Aug 20003472,48329.644.54$21,560
Jul 20003604,52228.534.09$28,765
Jun 20007185,55829.304.40$45,477
May 20001804,35627.263.68$20,936
Apr 20001802,99024.513.12$13,729
Mar 20001812,74828.422.86$13,003
Feb 20005444,05427.622.73$26,079
Jan 20001873,97325.272.48$14,581
Dec 19995475,05724.282.42$25,538
Nov 19991792,97323.192.43$11,387
Oct 19991833,62320.982.80$13,997
Sep 19991784,07421.752.62$14,541
Aug 19995354,58519.262.88$23,489
Jul 19991854,73417.892.37$14,540
Jun 19993614,58715.942.36$16,589
May 19991794,32715.792.32$12,869
Apr 19993564,29015.102.21$14,848
Mar 19993604,42912.471.84$12,631
Feb 19993514,7069.981.82$12,058
Jan 19993655,50410.381.90$14,246
Dec 19983585,5699.201.77$13,169
Nov 19981885,36710.892.19$13,778
Oct 19983545,70312.421.97$15,627
Sep 19983595,38212.592.08$15,728
Aug 19983596,62911.301.91$16,701
Jul 19985335,67411.742.24$18,952
Jun 19985316,42111.242.24$20,334
May 19985358,72712.622.21$26,006
Apr 19985346,08913.042.51$22,218
Mar 199805,12012.802.31$11,824
Feb 19986566,10113.952.30$23,178
Jan 19985488,24614.702.15$25,824
Dec 19975216,39516.322.41$23,922
Nov 19975117,83818.193.09$33,501
Oct 19973617,97519.253.15$32,069
Sep 19975297,72317.742.95$32,205
Aug 19976559,95617.862.55$37,133
Jul 19976649,17217.582.25$32,282
Jun 19974859,54217.242.26$29,900
May 199752010,44318.972.31$33,972
Apr 199772510,22817.882.08$34,266
Mar 199767111,47918.951.94$34,975
Feb 19977057,49520.492.21$30,979
Jan 19971,02514,07023.483.54$73,871
Dec 199668910,18823.32$16,067
Nov 19961,01214,52621.97$22,234
Oct 199669612,50223.31$16,224
Sep 199683814,31522.22$18,620
Aug 199687615,54220.26$17,748
Jul 19961,32416,12219.55$25,884
Jun 19961,00718,11218.73$18,861
May 19961,17813,72519.43$22,889
Apr 19961,16816,90321.51$25,124
Mar 19961,36418,36919.38$26,434
Feb 19961,03816,60816.98$17,625
Jan 19961,93021,15417.07$32,945
Dec 19951,72519,51117.19$29,653
Nov 19951,24518,85816.00$19,920
Oct 19951,61119,77015.43$24,858
Sep 19951,88620,62116.18$30,515
Aug 19951,67023,04415.92$26,586
Jul 19952,31026,32115.24$35,204
Jun 19951,98626,84016.41$32,590
May 19952,55427,21017.56$44,848
Apr 19952,37127,65317.73$42,038
Mar 19952,53229,48016.44$41,626
Feb 19952,96533,08816.58$49,160
Jan 19953,05638,34215.92$48,652
Dec 19943,51438,75915.03$52,815
Nov 19943,30941,01715.90$52,613
Oct 19944,28746,44715.58$66,791
Sep 19944,21037,06915.29$64,371
Aug 19944,94943,38216.13$79,827
Jul 19945,75849,29817.56$101,110
Jun 19945,91146,44017.09$101,019
May 19946,51655,48715.88$103,474
Apr 19946,58952,55114.14$93,168
Mar 19948,66955,74512.46$108,016
Feb 199414,704100,12112.50$183,800
Jan 199412,17190,05912.66$154,085
Dec 199313,63597,66812.33$168,120
Nov 199313,95933,96514.49$202,266
Oct 199320,369116,46415.85$322,849
Sep 199323,550116,70215.03$353,957
Aug 19931,55710,55115.66$24,383

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Nov 2020 — as filed, then multipliedworked
Condensate            91 bbl  × $ 38.77 =     $3,528
Gas                    0 Mcf  × $  2.71 =         $0

────────────────────────────────────────────────────
Month total                                   $3,528

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/G/146625 is the state's own key, not one this site invented.